Section 8-303 - Credit for other taxes.
§ 8-303. Credit for other taxes.
A savings and loan association organized under the laws of this State and doing business outside this State may claim a credit against the savings and loan association franchise tax in an amount that equals any tax paid to another jurisdiction as a franchise tax on deposits held in this State.
[An. Code 1957, art. 81, § 128B; 1988, ch. 2, § 1; ch. 565.]